Private Equity
I find it something of a surreal situation when I write about the low pay of public pension limited partners. After all, as little as they make relative to the private sector, it’s still likely more than I’ll ever make as a frumpy journalist.
3 min read · 09 February 2015
The Los Angeles County Employee Retirement Association does not commit to many small or lower middle-market managers. In fact, small buyouts represent only a little more than one-twentieth of its buyout portfolio’s total market value.
3 min read · 09 February 2015
Sarah Alexander, the founding president and former chief executive of the Emerging Markets Private Equity Association, has quietly left The Abraaj Group, which she joined in 2013 as a managing director.
2 min read · 05 February 2015
Tom Baker, previously a private equity portfolio manager at the California Public Employees’ Retirement System, has moved just down the street to join the private equity team at the California State Employees’ Retirement System.
1 min read · 04 February 2015
OpenGate Capital, the firm famous for buying TV Guide for $1, is in the market targeting $300 million for its debut fund, according to two people with knowledge of the situation.
2 min read · 02 February 2015
New Jersey state Treasury investigators found no wrongdoing in venture firm General Catalyst’s decision to not report a political contribution from one of its executives-in-residence – now Massachusetts Gov. Charlie Baker – months before the state pension committed millions to the firm.
3 min read · 30 January 2015
The Blackstone Group will share 100 percent of any deal or monitoring fees with limited partners in its seventh flagship fund, which is in the market targeting at least $16 billion.
2 min read · 29 January 2015
Brian McMullen, a former principal at H.I.G. Capital on the middle market investment team, left the firm recently, according to a person with knowledge of the situation.
2 min read · 27 January 2015
WL Ross & Co said it has reimbursed investors in its fifth flagship fund after it “changed the methodology” of how it calculates certain fee offsets, a change some sources characterized as correcting a miscalculation.
2 min read · 26 January 2015
1 min read · 26 January 2015
